In the latest episode of ‘Sadabahaar Sethi Saab’, market analyst Vikas Sethi talked to Zee Business Managing Editor Anil Singhvi and revealed his top picks that can generate good returns for investors. Sethi gave two calls today, both from cash market.

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His first recommendation of the day is a mid-sized IT company, which provides its services to pharma companies. It provides clinical research services to pharma and life sciences sectors.

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Revealing the name, Take Solutions, he said, “It is combination of both pharma and IT sectors, both of which are in focus.  It guarantees a recession proof business. Talking about the company, he said Take Solutions had acquired two companies in January 2019 in the US. Saying that though June quarter of the company was not good, he suggested to buy this scrip stating it is a good company. 

“Take Solutions has solid fundamentals and appears very undervalued. The stock should be bought at current levels with a very short-term target of Rs 55,” Sethi said.

Another Vikas Sethi pick was from insurance sector.  Picking GIC, he said it is a giant Indian company in its segment. “It Is a company with dominant re-insurance market.  From suffering a loss of Rs 595 crore in June quarter, GIC rebounded strongly to book a profit of Rs 195 crore in September quarter. GIC stock also looks very attractive at current level and should be bought for immediate target of Rs 150 in very short term by putting stoploss of Rs 130,” he added. GIC closed at Rs 137.10 on Monday.

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